WeChat accounts cross one billion mark

The one billion figure indicates the huge user base which Tencent has built up both inside and outside China for its all-in-one app. (AFP)
Updated 06 March 2018
0

WeChat accounts cross one billion mark

BEIJING: WeChat’s worldwide accounts have crossed the one billion mark, according to the chief executive of its parent company Tencent.
The all-in-one app is a daily necessity for most Chinese, bringing together messaging, social media, mobile payment, games, news and other services.
“WeChat’s worldwide monthly active users have surpassed the critical one billion mark,” CEO Pony Ma said Monday on the sidelines of China’s parliamentary session underway in Beijing.
“In the future we hope to use technological innovation to push forward the next developmental step of reform and opening,” Ma said.
He was referring to China’s economic liberalization policy that has fueled four decades of breakneck economic growth.
Although Ma said WeChat’s monthly active users had crossed the one billion threshold, a company spokesman said he was referring to its total number of accounts.
Still, the one billion figure indicates the huge user base which Tencent has built up both inside and outside China for its all-in-one app.
It compares with 2.1 billion monthly active users on Facebook and 1.5 billion on its messaging app WhatsApp.
The popularity of WeChat — and profits from its addictive mobile games — have pushed Tencent’s earnings and share price sharply upwards.
The company surpassed Facebook in market value last year and the 47-year-old Ma has rocketed to near the apex of China’s rich list.
He is the wealthiest delegate to the parliamentary session, according to Shanghai-based luxury magazine publisher Hurun Report, which estimated his fortune at $47 billion.


SpaceX’s first private passenger is Japanese fashion magnate Maezawa

This artist's illustration courtesy of SpaceX obtained September 17, 2018, shows the SpaceX BFR(Big Falcon Rocket)rocket passenger spacecraft. SpaceX is to reveal on September 17, 2018 the identity of the first person it plans to transport around the Moon in an ambitious project financed entirely by its eccentric CEO Elon Musk. (AFP)
Updated 18 September 2018
0

SpaceX’s first private passenger is Japanese fashion magnate Maezawa

  • SpaceX in February transfixed a global audience with the successful test launch of its Falcon Heavy, the most powerful operational rocket in the world
  • SpaceX has already upended the space industry with its relatively low-cost reusable Falcon 9 rockets

HAWTHORNE, California: SpaceX, Elon Musk’s space transportation company, on Monday named its first private passenger as Japanese businessman Yusaku Maezawa, the founder and chief executive of online fashion retailer Zozo.
A former drummer in a punk band, billionaire Maezawa will will take a trip around the moon aboard its forthcoming Big Falcon Rocket spaceship, taking the race to commercialize space travel to new heights.
The first passenger to travel to the moon since the United States’ Apollo missions ended in 1972, Maezawa’s identity was revealed at an event Monday evening at the company’s headquarters and rocket factory in the Los Angeles suburb of Hawthorne.
In moves typical of his publicity-seeking style, Musk, who is also the billionaire chief executive of electric car maker Tesla Inc, had previously teased a few tantalizing details about the trip and the passenger’s identity, but left major questions unanswered.
On Thursday, Musk tweeted a picture of a Japanese flag. He followed that up on Sunday with tweets showing new artist renderings of the Big Falcon Rocket, or BFR, the super heavy-lift launch vehicle that Musk promises will shuttle the passenger to the moon and eventually fly humans and cargo to Mars, using the hashtag #OccupyMars.
While the BFR has not been built yet, Musk has said he wants the rocket to be ready for an unpiloted trip to Mars in 2022, with a crewed flight in 2024, though his ambitious production targets have been known to slip.
SpaceX plans a lunar orbit mission. It was not clear how much Maezawa paid for the trip.
Maezawa made his fortune by founding the wildly popular shopping site Zozotown. His company Zozo, officially called Start Today Co. Ltd, also offers a made-to-measure service using a polka dot bodysuit, the Zozosuit..
With SpaceX, Amazon.com founder Jeff Bezos’ Blue Origin and entrepreneur Richard Branson’s Virgin Galactic battling it out to launch private-sector spacecraft, the SpaceX passenger will join a growing list of celebrities and the ultra-rich who have secured seats on flights offered on the under-development vessels.
Those who have signed up to fly on Virgin Galactic sub-orbital missions include actor Leonardo DiCaprio and pop star Justin Bieber. A 90-minute flight costs $250,000.
Short sightseeing trips to space aboard Blue Origin’s New Shepard rocket are likely to cost around $200,000 to $300,000, at least to start, Reuters reported in July.
SpaceX has already upended the space industry with its relatively low-cost reusable Falcon 9 rockets. The company has completed more than 50 successful Falcon launches and snagged billions of dollars’ worth of contracts, including deals with NASA and the US Department of Defense.
SpaceX in February transfixed a global audience with the successful test launch of its Falcon Heavy, the most powerful operational rocket in the world.
SpaceX previously announced plans to eventually use Falcon Heavy to launch paying space tourists on a trip around the moon, but Musk said in February he was inclined to reserve that mission for the BFR.